Trane reports Q1 adjusted cont ops EPS $2.63, consensus $2.53

Reports Q1 revenue $4.97B, consensus $4.81B. “We are off to a strong start in 2026, with exceptional demand for our sustainable products and services,” said Dave Regnery, Chair and CEO, Trane (TT) Technologies. “Enterprise bookings grew 24 percent, led by nearly 40 percent growth in our Americas Commercial HVAC business. We closed the quarter with a record $10.7 billion backlog, up more than 30 percent from year-end, giving us strong visibility for 2026 and beyond. With this momentum, our talented global team and consistent execution of our strategy, we’re confident in raising our full-year revenue and EPS guidance and well-positioned to continue delivering differentiated results. We are energized by the opportunities ahead to advance our purpose and create value for all stakeholders.”